#May CPI Incoming#
This Wednesday, the U.S. will release May CPI data — a key test for rate cut expectations. Cleveland Fed forecasts 2.4% YoY CPI (up from 2.3%), with core CPI flat.
💬 If inflation beats expectations, will the Fed still cut in June? Will you stay on the sidelines or take early action?
#Tech Giants Eye Stablecoins#
Apple, Google, Airbnb, and X are in talks to integrate stablecoins into their payment systems, aiming to cut fees and streamline global payments. Following Circle’s IPO surge, stablecoins are quickly gaining traction across tech and finance.
💬 Could stablecoins be
Data: A Whale spent 390,000 USDC to increase their AVA holdings, currently with unrealized gains of 1.12 million USD.
According to ChainCatcher news, monitored by Lookonchain, a savvy Whale who once profited over 7.5 million USD from trading Fartcoin has today spent 390,000 USDC to purchase 4.47 million AVA. Currently holds 29.58 million AVA (worth approximately 2.44 million USD), with an unrealized profit of 1.12 million USD.